Tag Archives: economic

92 Million Americans Not Working

Obama's War on Prosperity
Obama’s War on Prosperity
January 10, 2014
by Rush Limbaugh

RUSH: The jobs number came out. And I’ll tell you, I have never seen anything like this, either. We now have 92 million Americans not working. We created the equivalent of 1,700 jobs per state in December. One of the highest employment months of the year. December’s hiring traditionally is so good that the experts in the Drive-By Media were expecting 196,000 jobs to be created or begun, recorded in December, and the number came in at 74,000 jobs. So 74,000 jobs, and half of these jobs are part time, meaning under 30 hours. The media is scratching their heads over that. They can’t figure that out.
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Government Blatantly Wastes $30 Billion This Year

While your elected official vote to spend more money and raise your taxes your government wastes more and more while you have less and less.
Enjoy your article — Mr TakeDown

Toilet Money
Toilet Money

Brianna Ehley
The Fiscal Times
December 17, 2013

When the sequester cuts slashed $85 billion from the federal budget, crippling federal programs like Head Start and halting crucial research at the National Institutes of Health, the government continued spending tax dollars on things like 3-D pizza printers for NASA, a beachfront property loan program for millionaires, and a $300 million Army surveillance blimp that doesn’t work.
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Taxpayers lose $10.5 billion on General Motors

gm_buildingBy: John Hayward 12/10/2013 09:43 AM

You know, this could have been a lot worse. So… up-twinkles, I guess. Only losing $10.5 billion on a payoff to special interests (in this case, labor unions) qualifies as a roaring success by current Washington standards. And, sadly, I don’t just mean Obama standards. Fox Business brings us the happy news that the “G” in GM no longer stands for “Government”:

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Bankrupt solar panel firm took stimulus money, left a toxic mess, says report


Published October 30, 2013

A Colorado-based solar company that got hundreds of millions of dollars in federal loan guarantees before going belly-up didn’t just empty taxpayers’ wallets – it left behind a toxic mess of carcinogens, broken glass and contaminated water, according to a new report.

The Abound Solar plant, which got $400 million in federal loan guarantees in 2010, when the Obama administration sought to use stimulus funds to promote green energy, filed for bankruptcy two years later. Now its Longmont, Colo., facility sits unoccupied, its 37,000 square feet littered with hazardous waste, broken glass and contaminated water. The Northern Colorado Business Report estimates it will cost up to $3.7 million to clean and repair the building so it can again be leased.
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Why Healthcare.gov Sucks? Because They Hired Political Cronies, Not Internet Native Companies To Build It


from a article posted here:


from the you’re-doing-it-wrong dept

There’s been plenty of talk lately about just how screwed up the launch of Healthcare.gov has been. While any massively large-scale internet launch is likely to suffer some problems, the level of disaster on this particular project has been quite impressive. This has led some to wonder why this happened, especially given the reputation of President Obama’s “web-savvy” campaign team. The answers aren’t too hard to figure out, of course. First off, the campaign team is quite different from the team implementing this — which was handled by the Department of Health and Human Services. But, more importantly: it appears that the federal government basically handed this project over to the same crew of giant government contractors, who have a long history of screwed up giant IT projects, and almost no sense of the “internet native” world.
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A Plea for Caution. A Joke That Tells All?


A Plea for Caution From Russia; That was the title of my op-ed, published in Thursday’s New York Times. Yes, the op-ed that went right into Barack Obama’s face.

I started the op-ed by talking up the importance of peace. As my Soviet predecessors knew, one should always talk up the importance of peace, because some people love the word so much that they will believe anything you say in the name of peace.

So I praised the United Nations as a bastion of peacemaking since 1945. That’s not true, of course, because the UN did nothing in the face of hundreds of wars, including some started by the USSR and then Russia.

Yet the liberal-left–that is to say, the bulk of the Times readership, in the US and around the world–still clings to the idea of the UN. Why? I think the UN satisfies their need to believe in something. Kind of soft and pathetic, I know, but hey, I don’t make the rules–I just benefit by them.

Look, I believe in something, something important–power. Power for me, for Russia. And there is nothing soft about that–or me, I pride myself on being hard as a rock. Check out the pictures of me and my torso. Continue reading